Hamilton Lane closed its Hamilton Lane Co-Investment Fund IV at $1.7 billion, the alternative money manager announced in a news release Monday.
The fund will invest in buyout and growth private equity transactions alongside general partners. The firm's third co-investment fund, Hamilton Lane Co-Investment Fund III, closed at $1.5 billion in 2015. The second fund, Hamilton Lane Co-Investment Fund II, closed at $1.2 billion in 2008.
Investors include the $17.8 billion Idaho Public Employee Retirement System, Boise.
